Rent stabilization definition

Rent stabilization means, collectively, the rent stabiliza-
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Rent stabilization means allowing rent increases for residential premises of a fixed amount or on a fixed schedule as set by a political subdivision.
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Rent stabilization means, collectively, the Rent Stabilization Law of 1969, the Rent Stabilization Code, and the Emergency Tenant Protection Act of 1974, together with any successor statutes or regulations addressing substantially the same subject matter.
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Examples of Rent stabilization in a sentence

  • Rent stabilization legislation was adopted by the State of Oregon during the 2019 legislative session and the state will essentially administer associated programs.

  • Rent stabilization allowances means collectively the Allowable Increase Percentage, the Tax Rate Rent Adjustment, and any additional rent increase exemptions approved by the Rent Board under Section 6-234 of this Article.

  • Rent stabilization is a specialized field that requires expert administration based on a combination of management skills and deep knowledge of the regulatory system and its history.

  • Rent stabilization is a response to this broken market and allows these low income tenants to remain in their homes and in Berkeley.

  • Other policies provide residents with advance notice of the conversion (so they can plan for an orderly move) and provide relocation assistance to displaced households.• Rent stabilization policies specify that once an initial rent is set it can only rise by a specified amount each year.

  • Rent stabilization restrictions may only be applied to buildings for which a certificate of occupancy was issued prior to February 1, 1995 and that are not alienable separate from the title to any other dwelling unit.

  • This amendment is intended to moderate the unit sizes of new construction to discourage the construction of only large luxury condominiums.▪ The City participated in a Westside Cities COGstudy of workforce housing (2008).Housing Affordability:▪ Rent stabilization is not guaranteeing housing to be affordable to lower income households.

  • Rent stabilization ordinance means Chapter 6, Article XII of the Code of Ordinances, City of Portland, Maine, as amended.

  • Rent stabilization policies have been implemented in the Bay Area, including San Francisco and Oakland.One-for-one replacement, or no net loss, is a policy establishing a jurisdiction’s intent, through preservation or replacement, to maintain at a minimum its current level of homes that are affordable to low-income families.

  • Everyone has to push the elected officials to find solutions.• Rent stabilization laws require giving a rent stabilized lease after 30 days.


More Definitions of Rent stabilization

Rent stabilization or “RS” means and refers to government policies that (i) regulate how often and by what amount a landlord may increase the rent of housing units, and (ii) provide tenants with services and eviction protections; and any reference to “Rent Stabilized” or “RS” properties or units means and refers to properties or units that are subject to these policies.
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Rent stabilization means the earlier of: (1) the date which is twenty-four (24) months after the Commencement Date; or (2) the date upon which (i) the Project shall have been ninety percent (90%) occupied for a period of 90 consecutive days, (ii) the construction loan has converted to its permanent phase, (iii) a 1.2% debt service coverage ratio has been achieved and (iv) the investor member’s capital contribution earmarked for stabilization has been made. Tenant hereby unconditionally warrants and represents that it will use its best efforts to ensure that the Project achieves Rent Stabilization as soon as possible.‌
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Rent stabilization means, collectively, the Rent Stabilization Law of 1969, the Emergency Tenant Protection Act of 1974, and the Rent Stabilization Code, all as amended, together with any successor Laws addressing substantially the same matters.
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Related to Rent stabilization

  • Final Stabilization means that all soil disturbing activities at the site have been complete, and that a uniform perennial vegetative cover with a density of 70% of the cover for unpaved areas and areas not covered by permanent structures has been established or equivalent permanent stabilization measures (such as the use of riprap, gabions, or geotextiles) have been employed.

  • Stabilization means providing adequate measures, vegetative and/or structural, that will prevent erosion from occurring.

  • Mobilization means establishment of sufficiently adequate infrastructure by the CONTRACTOR at "SITE" comprising of construction equipments, aids, tools tackles including setting of site offices with facilities such as power, water, communication etc. establishing manpower organisation comprising of Resident Engineers, Supervising personnel and an adequate strength of skilled, semi-skilled and un-skilled workers, who with the so established infrastructure shall be in a position to commence execution of work at site(s), in accordance with the agreed Time Schedule of Completion of Work. "MOBILISATION" shall be considered to have been achieved, if the CONTRACTOR is able to establish infrastructure as per Time Schedule, where so warranted in accordance with agreed schedule of work implementation to the satisfaction of ENGINEER-IN-CHARGE/ EMPLOYER.

  • Redevelopment means areas where development is replacing older development.

  • Renovation means altering a facility or one or more facility components in any way, including the stripping or removal of RACM from a facility component. Operations in which load-supporting structural members are wrecked or taken out are demolitions.

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Stabilize means to provide medical treatment of the condition as may be necessary to assure, with reasonable medical probability, that no material deterioration of the condition is likely to result from or occur during the transfer of the individual from a facility, or, with respect to a pregnant woman who is having contractions, when there is inadequate time to safely transfer her to another hospital before delivery (or the transfer may pose a threat to the health or safety of the woman or un- born child), “Stabilize” means to deliver (includ- ing the placenta).